OpenAI
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Big Tech AI spending spree tops $1tn
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OpenAI Reverses Course and Says Its Nonprofit Will Continue to Control Its Business
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OpenAI to stay nonprofit, scrap proposed overhaul
The change won't comprise the ChatGPT-maker's ability to raise funds for development, CEO Sam Altman said. ChatGPT-maker OpenAI has abandoned plans to become a for-profit company and reaffirmed commitment to its nonprofit status. In a May 5 blog post, OpenAI confirmed plans to convert its for-profit business unit into a so-called Public Benefit Corporation (PBC)
This Week in AI: Is OpenAI creating a social media platform?
Homepage > News > Business > This Week in AI: Is OpenAI creating a social media platform? Is OpenAI Building a Social Media Platform? It’s rumored that OpenAI is developing its own social media platform. According to a report from The Verge, the prototype focuses on generative artificial intelligence (AI) image creation and includes a feed-like social component. This sounds
All of the updates about OpenAI
OpenAI names new nonprofit ‘advisors’ Image: The Verge OpenAI has revealed the “advisors” for its new nonprofit commission: Dolores Huerta, Monica Lozano, Dr. Robert K. Ross, and Jack Oliver. The company says the four advisors will help “inform OpenAI’s philanthropic efforts,” according to an announcement on Tuesday. Huerta was a prominent labor activist during the
OpenAI CEO’s World Network eyes partnership with Visa to integrate card features into self-custody crypto wallet
Business Home » Business » OpenAI CEO’s World Network eyes partnership with Visa to integrate card features into self-custody crypto wallet by Vivian Nguyen Mar. 24, 2025 The goal is to create robust self-custody wallet systems with integrated Visa card features and stablecoin payments. Key Takeaways World Network is engaging with Visa to integrate card
Google’s race from behind against OpenAI has ‘been like sprinting a marathon’
In This Story After OpenAI took the world by storm with the launch of ChatGPT, Google ( GOOGL ) reportedly gave its team working on artificial intelligence 100 days to build a competitor — fearful of falling behind in a race it had been leading. Suggested Reading Elon Musk urges Tesla staffers to 'hang onto
OpenAI makes strategic push into Asia with Kakao partnership amid negotiations with SoftBank
Kakao Corp. has become the first South Korean company to form a strategic partnership with OpenAI, marking a major step in the AI research firm’s expansion into Asia. The collaboration aims to integrate OpenAI’s advanced models into Kakao’s platforms, including KakaoTalk and its upcoming AI assistant Kanana...
BREAKING: OpenAI is getting into Autonomous Cars, Drones, Humanoid, wheeled and soft robots
This afternoon, OpenAI have effectively announced a major change in the direction of their business – they are getting into hardware, specifically robotics. OpenAI are the creators of LLM ChatGPT, Sora and Dall-E and from this announcement, it seems they’re just getting started. With large investments into training compute (in collaboration with Microsoft), OpenAI continue
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strategy
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Spending
Big Tech AI spending spree tops $1tn
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403
awareness
Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed
A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in
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Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC
TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...